Theoutsider

Just now, Gaz_Oafc said:

 

 

I didn't attend the meeting, so can only go off what I've read on Twitter etc.

 

 

But the sale of the land (other than the stadium footprint) is nothing to do with the FLG is it? It's Blitz selling it to a developer in a separate transaction. The £7mil is purely for the stadium footprint and everything on it isn't it? 

There are two separate pieces of land earmarked for housing.

One is around the current housing estate and little Wembley. This is nothing to do with FLG and will sold / developed by brass bank. 

The other piece of land runs round the back of the Rochdale Road end.  Essentially a back to back deal, the FLG buy and sell it on the same day to an unconnected housing developer. The profit is then used to buy the 14-acres that make up the ground, car park etc. 

Thats how I understood it anyway. 

Now, for someone looking for an angle, maybe Paul Whitehead makes money from brokering that deal? 

Personally, thought he was sincere, loves the club and I didn’t think it was about money for him. His twitter from today makes interested reading on this,  including promising no house on BP whilst he is involved. 

4 hours ago, wiseowl said:

£7m is a lot of money to raise. 

 

Can't see a fans' share issue raising too much in reality but I note it's been mentioned that money is being put in by other FLG investors.

 

Even if borrowing, say, £5million over 20 years (at 4%), it gives principal/interest repayments of £364k per year, which takes some servicing. Let's hope it comes off and is really successful because any lender will, of course, have security in place against the lend.

They are not borrowing the money. 

Amounts not specified, but will be funded partly by sale of a piece of land which completes at same time as the purchase (so they don’t need the cash).

There is a site plan on here which might help; http://d3d4football.com/fan-led-group-unveil-their-plans-for-oldham-athletic/) 

The balance is from fans buying shares, but they seemed pretty relaxed about amounts, so presumably majority of the funding is sorted. Paul talked about fist pumping coming out of a meet with Blitz before the Fulham game, happy he’d agreed a deal which would work. 

2 hours ago, kowenicki said:

Some good, some questions.  

 

I’ll get the moan out of the way first.  Considering one of the three is supposed to be in PR, he doesn’t seem to understand how to run a positive and grown up campaign (I guess that’s the way these days). Having PWild there to trot out the same old accusations and “woe is me” was a mistake for me.  It is pointless and was irrelevant in the context of the event. The FLG is on a journey regardless of the past, good or bad.  It just serves to wind up the other side and potentially divide the fan base further.  

 

Please don’t say you are happy to negotiate and at the same time have the event as a mouthpiece for someone to stick the boot in. Move on.  Don’t play to the crowd. Don’t be cocky. Take the high morale ground, be better than them, just deliver on what you say you are going to do in a professional and serious manner.  Have a word with the two Simons and tell them to wind their necks in on social media, it’s a basic that any company would insist upon.

 

 

I’m comforted and relieved that it’s not just the builder and the two Simon's. Those three simply don’t have the funds to splash out £7m.  Thank god there are others involved is all I will say on that as if it was just those three it would be a major problem imo.  (Don’t insult my intelligence by stating you are doing it for nothing either)

 

So the other people, who still don’t want to be named, must have some serious cash, good.  They want to remain anonymous, not so good... but we will have to respect that... for now.  But it shouldn’t go on a minute longer than it needs to.  It’s VERY counter productive to be secretive, it gives room to rumour and accusations.  Anyone got any ideas why someone would need to be incognito in this? Is getting involved in Latics THAT controversial?

 

I’m also a bit puzzled why they didn’t move on this earlier and I’m a bit puzzled why they aren’t trying to buy the club. The timing and the approach does raise a question about their funding. Is this the approach because they need an asset to raise funds against.  In other words,  are they having to mortgage the ground to buy it?  Was that covered at the meeting? 

 

Anyhow. They seem to have a decent plan, but they will need to deliver on it quickly and visibly  to win over the whole fan base.  I’ll certainly support them if it begins to comes through, but I’ll also support the team on the pitch.  

 

One question. How does just the North Stand generate £500k a year for the club from match day activity?  Have I misread that?  I’m sure those ‘in the know’ on here told me we made “feck all” from it and it was a “white elephant”

The income elephant is based on projections, they didn’t give detail. 

Rent from Glogym and the top floor which is going to be rented (I’d wager to a business run by Simon Wood expected to bring in £100K+PA) are two sources

It is not being funded by debt, so there will not be loan repayments to take against this 

3 minutes ago, BP1960 said:

 

So you are saying the £500k pa goes to AL toward his team building?

Not quite a straightforward as that. 

The question was asked that if they money was just given, it could be sent on whatever the club wanted.... and the example of team building was used. 

To prevent this, It would be controlled by shareholders of the FLG (which could be any fan who wants to buy shares). 

Some similarities to player share type arrangement I guess 

8 hours ago, boundaryblue80 said:

 

If that is true, then...

 

1) This from Kevin Williams reporting on the FLG event is putting words in his mouth to shit stir:

 

”1/4 Why he refused the manager job: I felt it wouldn't be a Pete Wild team. The chairman is recruiting his own players and telling me who he wants to play”

 

2) Folk can stop saying Pete Wild left because of the interfering. But they won’t...

I don’t know Kevin Williams. 

Not sure how you take what he posted as shit stirring, or that it contradicts what I stated. 

“The chairman IS recruiting his own players”

It could never be truly a Pete Wild team can it? He can only pick the players signed, therefore why should people stop Pete Wild left be of interference? He did. 

It is not a “load of face saving-shite” He did admit it. Wanted it to be a Pete Wild team, but knew it wouldn’t be due to the model the Club wants to operate. 

He also said (again if on BBC Radio Manchester) that in his second caretaker stint he insisted that things were different and to be fair,  they were.

Wasn’t critical of AL or the club at all, neither were the FLG

1 hour ago, tGWB said:

 

PW stated Little Wembley was not in the plans 

1 hour ago, BP1960 said:

 

Any plans for little Wembley?

The club use it (free of charge) but it is not part of their lease.

It doesn’t form part of the purchase by the FGL 

These are my words not part of the presentation; it will have houses built on it 

50 minutes ago, oafc1955 said:

 

How is all this going to be possible whilst Al owns the club? He will have to agree for it to happen, if not, are they going to try and take over the whole club??

Were these questions asked?

The deal to purchase what has been outlined is not conditional on the agreement of the club. 

Yes they can’t force them to use the offices, etc that are built, but regardless they will buy what they have said they will. 

The way I understood things was they have no interest in taking over the club, but are happy to support it with income of (based on their projected figures) c£500kpa 

5 minutes ago, underdog said:

Dear all (hope this is okay Mods)...

 

I need your input for those that attend BP on match days (sorry to be selective at this stage for those OASIS fans).

 

I am looking at setting up my own mobile catering unit in and around the Oldham area....well I need to get back into the world of work and all. Match days is a possible option at or around BP. 

 

I need a little bit of marketing research for my business plan and I have devised (well I think I have as you know me and technology), an online survey via Survey monkey.

 

There are only 8 questions and less than a minute to complete the survey.  I appreciate it might be difficult for those that have decided not to venture back to BP yet, but it would help me if you could answer the survey if you were.

 

Please find the link below and the survey (fingers , toes and everything else crossed that it works) will remain open for a few days

 

https://www.surveymonkey.co.uk/r/QPFG3LK

 

Thanks in advance

 

 

 

 

 

Good luck with your new venture 

4 minutes ago, trickyrickyholden said:

Sounds very positive. Good luck to them 

I agree.

Immediately football club wise not sure anything really changes, but hopefully it’s one of the first steps. 

Really positive for the area though, I think it’s a good facility and will be even better when it’s finished. 

I really hope it is successful. 

Wouldn’t be at all surprised if Simon Wood and Simon Brooke are both involved. 

9 hours ago, Andy b said:

AL has not acknowledged receipt of the letter.

 

It has been received.

 

has it been read? No idea at this stage 

 

will we receive a response? No idea at this stage 

 

 

This probably doesn’t help in so much as I have no idea what the plan for response is...

But he has definitely received and read it. 

8 minutes ago, underdog said:

I have always considered myself friendly and approachable....well I hope I do to those on here and those that I met.

 

Like I posted previously I was even on his FB site and chatting until Thursday and I just got it today. 

 

I would have even chatted to him but not when he is in that state of woundupness.

 

I have personally done nothing to him. So I don't understand why he came at me that way.

 

Oh well maybe one day he will chat to me like a rational human being and all.

 

 

The only proper interaction (social media aside) I have had with you was last weeks meeting. 

You came across  to me as very friendly and sociable. Brave thing to do to put your head above the parapet and try and make a difference from which we will all (hopefully) benefit. And you do it voluntarily. 

I hope it doesn’t put you off. I for one am really appreciative of your efforts. 

The guy is an imbecile. 

57 minutes ago, wiseowl said:

underdog - I may be mistaken but I think the point here is that insolvency (i.e. Administration in this scenario) would involve Oldham Athletic (2004) Association Football Club Limited - which doesn't own the ground, so the stadium etc. would not be available for purchase from the administrator. There is a distinct possibility of a simple liquidation of (2004) as that may be the only way to realise any return for its creditors i.e. a fire sale of players, equipment etc. - end of club.

Or a newly formed company purchases all assets of the existing company; a Phoenix operation? 

9 minutes ago, Midsblue said:

This will hopefully be clarified at the Trust meeting today.  

 

Is the fan-led consortium purchasing the stadium/land for a fair price or have they had to outbid Lemsagam thus paying greater than actual true current value?

 

Lemsagam’s “generous” bids could be 10-20% below to current market value so understandably rejected.

 

If Lemsagam genuinely has the clubs future at heart then drop these clandestine meetings and meeting with The Trust.  He’s just the custodian at moment so accept that the land/stadium is best in fans hands who will do the best for the club.  If he was happy to buy that land then invest that money into the squad and a more long-term manager.  If he then focuses on success on the pitch and the fans on enhancing the stadium then hopefully harmony between both parties exists and one day one can buy out the other (hopefully that being the fan-led consortium).

 

That Sky interview came over as bitterness that Brassbank opted to sell to the fans rather than the current owner and poor old Lemsagam is just left with a badge.  If that’s the case, you keep your debts through your incompetence and hand us back our club.  We’d be just as skint as you our and would have to operate the club on break-even but hopefully owning the stadium and generating income from the will increase our chances of increasing playing budgets.

Why would Brassbank sell to the fans but not AL? 

Surely you take the best offer, as long as it is genuine and the transaction can be completed. 

Thr fact there are allegedly two bidders pushes the price up? 

It seems apparent there has been no such bidding process, as otherwise the Trust would be aware of it already.  He is lying! (Again)

1 hour ago, Andy b said:

People are trying to do something to bring fans together and agree a course of action.

 

I would urge you have an open mind and contribute to making sure it is a vehicle for meaningful action. It’s not anyone’s job to convince you of its worthiness. It will be productive if you make it productive. 

 

Not wanting to teach anyone to suck eggs.... but in terms of an agenda item (contributing towards meaningful action) will the Trust be providing an update?

I appreciate certain things are off limits (potential buy out) but there is obviously known information. For example, why has there now been a change in attitude by the Trust? Equally, Simon Blitz is allowing use of his facility free of charge. Why is that then? 

I’ve posted before, but it might help get people on side - it’s a team game in terms of getting some success? 

4 minutes ago, GlossopLatic said:

The trust can only do so much. I would rather they got on board with the people who are going to attempt to the ground and then the club and influence then to do the right thing. The Lemsagams are a lost cause

 

I also think people regardless of your opinions of the Trust and or of the owners need to understand that we are all on the same side and to get them out of the club and we need to unite. If we do this is a battle we can win.

Swinton Lions Rugby are another good example - their home went many years ago (for housing) and the Club now barely exists. 

AL had a good opportunity, most fans appeared delighted Corney had gone and he could have easily built a great deal of good will if he had been transparent/honest. Has been neither and I agree, that he is a lost cause, he isn’t going to change. 

A united front has has got to be the forward and other than the trust, who is better placed?

However, they also need to start being more open. Said before I am new to the party, but from a somewhat fresh pair of eyes, how many times are updates or action promised and then nothing? 

In their defence, small in numbers and they are volunteers. They need help. Perhaps the best way of obtaining this is by putting the cards on the table with some honesty of their own? Build some respect and TRUST and get people on board by telling them what’s going on. 

I can understand withholding things when trying to build a relationship with AL, but clearly now that isn’t going to happen. He has had more enough than chances, but has scant disregard for the staff, players, management and fans,  he doesn’t want help and appears he is going to destroy the club if he continues.  

14 minutes ago, underdog said:

You expect me to answer questions from a poster who is supports a team in the wrong shade of blue????hahah....side margins says team Man.City.

 

Hmmmmm......

 

I would say Trust communication is slightly better with the new owner than the previous one.

 

The new owner is almost 12 month to the day of his takeover, allowing a period of time to remove ex owner (that happened in May) and having historic stuff to deal with as well, we hoped by now key people at the club would be in situ, like a board and a CEO.

 

I am not a business person, but how long would you or should you give a new owner to bed in?

 

Anyways we have kidnapped this thread....its should be about January window/gossip....the gossip is from me is that I won't be playing on Saturday.

 

I am now in second season as season ticket holder having attended probably half the games the year before.

Sick of overpaid Premier League nonsense, football fan first and foremost so decided to watch the team closest to where I now live. 

I would expect there to have been a structure in place a long time ago, irrespective of issues that needed resolving. I was very positive when AL took over and he has done some good if simple things (Joe Royle stand, painting, etc)  but amongst other things the high level of staff turnover does not fill me with confidence. I can explain away in my own mind perhaps some of it, but whilst I don’t know Simon Brook, him being around felt like a good thing, sacking him, not so much. 

No smoke without fire and there are too many warning signs to suggest all is well.

Yes, what goes on on the pitch is my main concern, but strikes me as chicken and egg in terms of the business side / on pitch performance. 

Thanks for the reply. 

2 hours ago, underdog said:

You can only give people enough rope and all.....like I said we are 12 months in of slowly, slowly....there is only so much slowly, slowly you can do before legal requirements should be met

Hi Underdog

First of all, I come in peace. 

Communication from The Trust does seem to have reduced over the last few months. 

Equally,  a number of your more recent posts suggest an air of , at best, frustration with AL? 

Putting two and two together maybe, but personally feels ike there is something going on, especially since following what appeared to be a better relationship with AL (than SC) little information is now forthcoming. 

Appreciate you may well be restricted in what you can say, but any comment you can make? 

Thanks 

29 minutes ago, BP1960 said:

Subs were the difference, our senior players added nothing.

O’Grady specifically made things much worse.

Agree 110% with other posts,  Surridge and Lang far superior and actually make things happen. 

3 minutes ago, Smiler13 said:

Well let’s hope Gerrard is on his way he was not at training this morning 

He was heading to the gym as was Holloway 

Agents website suggests could be divided into two - hence rent would be half of this if looked at as a smaller site - would this be large enough? 

Regardless, at £75kpa I don’t think a short term tenure would be a worry - how on earth will it ever rent out!? Footflow on all but matchdays is minimal, would be a challenge for any business to sustain the rent required I would think . Crazy money. 

2 hours ago, oafc_lover said:

 

Apparently by AL. I was obviously reluctant to post it as I try and stay well away from being the guy with a source on this board and let Paddy be that guy.

 

Maybe he could shed some light if he’s seen anyone in the gym?

 

I hope the source is wrong as AL interfering with the team isn’t what any of us want but it is a fairly reliable one.

Fane was training briefly on Monday. Very briefly.

He was there in training kit, headed out onto the pitch with the rest of the squad before Paul Terry seemed to tell him he wasn’t allowed to train and he was walked back to the dressing room before heading to the gym. 

To be honest, he looked absolutely gutted and I felt really sorry for him. 

He isn’t the most talented, but for 

me his work ethic can’t be questioned. Excluded from training, but he still turned up ready to go! 

16 minutes ago, Longlostfan said:

Was at Pride Park for a work thing a few weeks back.

They had a rig like this http://sglconcept.com/en/products/grass-lighting/led200-ir.html    running late into the evening.

Their website says Burton and Chesterfield have them ( as well as a lot of the more monied clubs) so maybe aren't that expensive.

Maybe not the top priority but...........

This is old, but guess where there is a will there is a way; 

http://www.bbc.co.uk/news/uk-england-manchester-29705681

I understand groundstaff defending themselves.  It is not their fault that there is a repeated issue of historic poor communication by (past) club management, amongst clearly many other issues. 

Fans raised money for scoreboard. Maybe would’ve raised some money for some lights if it was explained as an issue. 

Their is a an understandable lack of trust on the fans part leading to sceptism over for example (but not limited to) a game being called off. 

Just now, PlayItLivo said:

 

 

 

Credit where credit is due to the thread starter for posting his info and it not being bullshit.

 

Top man ?

 

Very kind - thank you.

Just now, robboman said:He had a top of the range merc and evoque according to his Instagram

Look further back on his Instagram and he also has a 1-series BMW. 

I would imagine his championship contract probably extends to more than one car if he wants one. 

I can’t remember the full reg other than ML13 (I think) and whilst I appreciate scepticism in respect of Oldham, why would I go to the trouble of mentioning his car, track suit and colour of his boots! 

Guess we’ll find out later today.